Western Mass Auto Insurance

  You've finally found the perfect home and are ready to start the mortgage application process. But there's one problem—the lender is asking for proof of home insurance. Do you need it? Can you just go without it? What exactly is home insurance , anyway? Let's explore the answers to these questions. house-fire-home-fire-danger Home Insurance Homeowners insurance is, quite simply, insurance that protects your home from damage or loss. It covers fires, severe weather damage, theft, and more. Without proper coverage , you risk paying for the repair and replacement costs out of your pocket. In most cases, your mortgage lender will require you to have some form of home insurance before they approve your loan. Why Do Mortgage Lenders Require It? Mortgage lenders will require you to have home insurance because the house they've invested in is fully covered in case of a disastrous event. The mortgage lenders also want the surety and guarantee from your side that you'll be ...

  house-fence   As a homeowner, it is understandable that you would try to insure every part of your property. While many insurance companies offer a variety of insurance services, some accidents , such as a fallen or damaged fence, may or may not be a part of your insurance policy. Your home insurance providers  may grant your claim if the cause of loss is covered by your policy. However, you should discuss the specifics of coverage before you subscribe to a policy. Here are a few common ways your fence might be damaged, and if they are usually covered by insurance policies. Common Fence Damage And Insurance Coverage 1. A tree in your yard falls on the fence Insurance policies cover unforeseeable situations. If a healthy tree falls due to whatever reason, your insurance company will likely compensate you for the damage. However, if a weak tree that looked like it might fall damages your fence, you may lose your claim due to negligence and carelessness. 2. Your neighbor's...